Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kongs geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team determines to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit broker Evergrande Futures as planned according to its regulatory address that Room 2004-06, 20/F, China Evergrande Centre, 38 Gloucester Road, Wan Chai, Hong Kong.

A seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the prominent forex broker Evergrande Futures in Hong Kong. The target address for this inspection was Room 2004-06, 20/F, China Evergrande Centre, 38 Gloucester Road, Wan Chai.

The target address is located at “China Evergrande Centre,” situated in the heart of Wan Chai's core financial and business district. The area is densely populated with a vibrant commercial atmosphere, hosting a mix of financial institutions, dining, retail, and residential properties, offering significant locational advantages. Notably, the building has been renamed “YF Life Centre”, though the original address remains valid.

Upon arrival, the field investigators first observed the building's exterior. The structure is a modern high-rise office tower with a clean façade and convenient surrounding transportation. The external signage was clear, but no exclusive logo for Evergrande Securities or Futures was found.

The investigators easily accessed the building lobby, where directory boards listed multiple companies. After checking, it was confirmed that Unit 2004-06 on the 20th floor was clearly marked as “Evergrande Futures (Hong Kong) Co., Limited” and “Evergrande Securities (Hong Kong) Co., Limited,” fully matching the target information. Subsequently, they took the elevator to the 20th floor and found that the directory on this level also displayed the names of Evergrande Securities and Futures in Unit 2004-06, further verifying the accuracy of the address.

On the 20th floor, the investigators observed that the glass door of Unit 2004-06 was printed with the Chinese and English names “Evergrande Securities” and “Evergrande Futures,” along with the company logos. Although entry into the office was restricted (marked as “No Entry”), external observations confirmed signs of active use. Notably, the company does not operate under a shared office model. While the internal environment could not be assessed due to access limitations, the building's professional property and security management indirectly reflect a well-maintained workspace.

Through the on-site investigation, it is confirmed that Evergrande Futures has a physical presence at the location.

Conclusion

The survey team went to Hong Kong, China to visit broker Evergrande Futures as scheduled, and found the company at its regulatory address. It denotes that the broker has a physical business office at the place. Meanwhile, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.